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Original air date May 27, 2020

Evaluate the Efficiency of Projected Refinery Investments


In the past, refinery owner-operators only had one way to evaluate the worthiness of future investment opportunities: historical comparative analysis. This approach, however, never provided a full picture, nor did it inform as to the tradeoffs inherent in any investment decision.

If you’re interested in a better way, tune into this webcast to learn about a methodology that furnishes refinery owners and operators with a strategic framework to objectively quantify how well an investment opportunity will perform relative to six key resources.

The six resources are carbon, hydrogen, utilities, emissions, water — treated as a scarce resource — and capital. The methodology framework, known as the UOP E6, permits evaluation of efficiencies and ranking of any trade-offs that may result from certain project objectives.

The result is that, for the first time, owner-operators can assess the value of an investment, ensuring alignment with business priorities and realizing consistently better outcomes.

Learning objectives:

  • Identify objectives that will lead to improved project performance
  • Balance financial outcomes with social and environmental implications
  • Benchmark investments against the latest technologies
  • Plan with a tool that provides fundamental insight into investment profitability.

Presented By:
Michael McBride, Solution Development Lead – IPS Configurations & Process Consultancy, Honeywell UOP
Stan Carp, Senior Manager, Process Technology and Equipment, Honeywell UOP

Moderated By:
Kevin Parker, Content Manager, CFE Media & Technology


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